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Building on the Imagine Cary Community Plan, the Town has partnered with HR&A Advisors Inc. to support the creation of the Cary Housing Plan. Developing this document will require collection and analysis of existing quantitative data and holding a series of stakeholder engagement meetings to understand local needs and provide impactful housing recommendations.
As part of this stakeholder engagement, Cary recently created a Housing Working Group with representatives from staff, Council and local organizations to provide feedback and support throughout the process. The Housing Working Group convened for the first time on June 28. Staff expects the Cary Housing Plan to be completed this fall.
New single-family permits for Q4 totaled 253, down 23 percent from the quarter’s five-year average of 328. The top three subdivisions permitted were Amberly Glen (35), Emory Springs (34) and Brickyard (25).
The number of single-family certificates of occupancy (CO’s) for Q4 totaled 223, an average of 3.5 CO’s for every working day. The three subdivisions receiving the most COs were Amberly Glen (49), Ridgefield (24) and Brickyard (21).
During FY 2019, Cary issued permits for 889 new single-family dwellings – down 18 percent from the previous five fiscal year average of 1,087 and down 21 percent from the 2018 fiscal year total of 1,128.
Residential addition and alteration permits for Q4 totaled 419, in line with the quarter’s five-year average of 433 and the highest quarter in FY 2019. Although Q4 was flat compared to the five-year average, there continues to be an overall upward trend in residential addition and alteration permits. This trend is consistent with the redevelopment theme in the 2040 Imagine Cary Community Plan.